MLS (also known as Forest Lighting) announced Tuesday, the company will be pumping in another RMB 500 million (US $71.95 million) in a subsidiary of Chinese LED chip manufacturer Aucksun Opto to expand in the upstream LED sector.

Chinese LED manufacturers Feilo Acoustic, cnlight and Foshan Lighting announced their latest financial investments and developments.

Samsung Electronics aims to raise production of next-generation smartphone displays by more than 50% in 2016, as it eyes Apple’s iPhone supply chain and other manufacturers that are updating device specs, reported the Nikkei.

Havells India (the company) has scaled up its share in Promptec to 51%, which values INR 65 million (US $970,000), according to The Dollar Business.

Pacific Crest Securities has highlighted several companies that might benefit from Apple’s decision to use OLED displays in next year’s iPhones, according to a report from Investor Business Daily.

Aixtron and Grand Chip Investment GmbH (“Grand Chip Investment”), a 100% indirect subsidiary of Fujian Grand Chip Investment Fund LP (“FGC”), have today entered into an agreement to take over AIXTRON. Fujian Grand Chip Investment Fund LP is a Chinese investment fund; 51% of which is held by the Chinese business man Zhendong Liu and 49% by Xiamen Bohao Investment Ltd. 

GSR Capital announced the formation of a US$ 1 billion cornerstone fund, "GSR Go Global Fund", with Limited Partners from Chinese leading high-tech companies, Taiwan industrial group, and world renowned entrepreneurs. The aim is to invest and build a world-class lighting industry through global acquisitions of leading LED lighting assets. The fund has already been oversubscribed and agreements have been signed by anchor Limited Partners. Industry experts Frank Fan and Jianghua Su will join the core general partner team.

Following Osram’s announcement last week that the company is to invest EUR 1 billion in a new Malaysia-based plant for LED chips, a leading investor in Osram expressed opposing opinions about Osram’s latest strategy, reported Reuters.

Chinese LED manufacturer Nationstar announced recently, it will be scaling up its investments in two subsidiaries including Foshan Nationstar and Zhejiang Invenlux.

Osram announced Wednesday it would be selling its 13.5% stake in Foshan Electrical and Lighting (Foshan Lighting) to a subsidiary of Guangdong Rising Assets Management (GRAM) for more than EUR 350 million (US $392.51 million).

Applied Ventures, the venture capital arm of Applied Materials and a leading corporate venture firm, announced today that it has participated in a Series B financing round for RayVio Corporation, an advanced UV LED solutions company developing proprietary semiconductor-based technology for manufacturing solid state ultraviolet (SSUV) LED products and applications. RayVio's patented technology is intended to enable large-scale adoption of UV LEDs for the industrial, digital health and consumer sectors, with a variety of applications to benefit society.

A major Epistar shareholder has demanded for Chinese LED chip manufacturer San’an Opto to withdraw investments in the company, due to the Chinese company’s headhunting activities, according to a recent Economic Daily News report.

Digital Lumens, the leader in intelligent LED lighting, announced US $23 million in funding from new investors Nokia Growth Partners, Aster Capital, and Goldman Sachs, and current investors, Flybridge Capital Partners, Black Coral Capital, and Stata Ventures. Funds will be used to scale operations, expand product development, and increase sales and marketing as the company rapidly bolsters its global footprint.

At a press conference held in Taipei today, David Su, Chairman and Chief Executive Officer (CEO) of Lextar spoke about how the company sealed the US $83 million investment deal with leading U.S. LED manufacturer Cree.